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Risk concerns not backed by action

21 September 2009

The financial crisis has sharpened directors’ focus on risk management, but this is not being backed by internal audits, a new survey has found…

Wellington earthquake risk halved

21 September 2009

Insurance premiums won’t fall in NZ’s capital despite research showing the chances of a major earthquake rupturing on the Wellington fault line have halved…

Honorary Fellow gong for Goddard

21 September 2009

The National Insurance Brokers Association has made Paul Goddard an Honorary Fellow in recognition of his contribution to the broking community over two decades…

Insurance sector proving resilient

15 September 2009

The Australian insurance industry has proved “resilient” to a challenging economic and natural environment, according to the latest industry snapshot by KPMG…

Allianz warns on piracy cover

14 September 2009

Allianz Australia has warned marine insurance clients to ensure they are adequately covered for piracy after reported incidents in the Gulf of Aden – a major Australian trade route – trebled last year…

Travel insurers get their stars

14 September 2009

NZ insurer Southern Cross Travel Insurance and Allianz-underwritten Worldcare have come up trumps in a survey by financial services research firm Cannex…

Brokers set sights on Sydney

14 September 2009

The National Insurance Brokers Association’s annual convention comes to the heart of the financial services industry next weekend…

Insurance award scrapped, conditions to go

07 September 2009

Many insurance industry staff will suffer pay cuts and have their award conditions watered down under a ruling last week by the Australian Industrial Relations Commission…

NIBA abandons ad campaign

07 September 2009

The National Insurance Brokers Association has abandoned plans to mount a TV advertising campaign this year after most members knocked back demands that they contribute to its cost…

Insurers keeping focus on Asia

07 September 2009

Australian insurers are keen to expand further into Asia, although the “how” element is presenting challenges…

Credit insurance woes continue

07 September 2009

The Federal Government is considering assistance for firms that are struggling to obtain short-term trade credit insurance within a tight global market…

Swine flu indemnity crisis averted

07 September 2009

The Federal Government and insurers have short-circuited a medical indemnity crisis over swine flu vaccinations by developing a special consent form…